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Dividing partnership net loss Morgan Graff and Serigo Vargas formed a partnership in which the partnership agreement provided for salary allowances of $ 5 4

Dividing partnership net loss
Morgan Graff and Serigo Vargas formed a partnership in which the partnership agreement provided for salary allowances of $54,000 and $48,000, respectively.
Determine the division of a $27,000 net loss for the current year, assuming that remaining income or losses are shared equally by the two partners. Use the minus sign to indicate any deductions or deficiencies.
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